From Greg Ip, in the Wall Street Journal (page A6 of the print edition):

Inflation alarms at the Federal Reserve rang louder yesterday as a top official said slowing economic growth may not be enough to contain inflation if the public's inflationary psychology intensifies.

"If inflation turns out to exceed ... our target range, I do not believe we can count on a slowing economy to bring inflation down, by itself, quickly," William Poole, president of the Federal Reserve Bank of St. Louis, said in an interview. If inflation expectations rose in "a persistent way...we could expect to see that show up in measured inflation in fairly short order.

And another familiar story:

   

June_20

August_7

   

I guess you know by now that you can find the data from these pictures -- and how they are constructed -- later today, at the Cleveland Fed web site.